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El Segundo

240 Center Street

About This Property

This commercial property offers both land and building for sale in the heart of El Segundo, California, just about a mile from the ocean. Situated on a desirable double corner lot along one of El Segundo's primary east-west thoroughfares, the location benefits from strong visibility, steady traffic, and a business-friendly community atmosphere. The sale includes the real estate only, not the two operating businesses. The building is currently occupied by two stable tenants, both with leases in place. The upstairs is home to a long-standing, well-regarded veterinary practice that has been operating at this location for many years, wth approzimately 4350 square feet of space. Downstairs, a sports card and memorabilia business relocated here four to five years ago and provides additional income and draws consistent customer traffic. Together. These features make the property an opportunity for investors seeking income-producing commercial real estate in a vibrant coastal submarket.

Neighborhood

This property is located in El Segundo. Want to learn more about the area?

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Listing courtesy of West Shores Realty, Inc.

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$7,495,000

Est. Monthly Payment

$47,892/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Steve Legare

West Shores Realty, Inc.